Home prices
The median home in Peterson costs $106,300. Compared to the surrounding areas it is approximately $47,160 (30%) lower.In comparison to the entire nation it is approximately $111,200 (51%) lower, and it is roughly $93,800 (46%) lower in comparison to the city of Rochester.
Rents
In Peterson the median rent is $713 a month. Compared to nearby areas this is about $72 (11%) higher.It is about $349 (32%) lower in comparison to the nation as a whole, and compared to the city of Rochester it is roughly $261 (26%) lower.
Nearby places
Rushford Village
Rushford Village is Peterson's neighbor to the northeast. Real estate prices there are significantly more expensive. The median home in Rushford Village costs $209,300, which works out to $103,000 (49%) higher than Peterson. Rents there are a bit less expensive. The median rent in Rushford Village is $677 per month, which works out to $36 (5%) lower than Peterson.
Rushford
Rushford is about 3 miles northeast from Peterson. The real estate prices there are somewhat more expensive. The median home in Rushford costs $151,000, which comes out to $44,700 (29%) higher than Peterson. Rents there are similar. Rushford's median monthly rent is $685, which works out to $28 (4%) lower than Peterson.
Lanesboro
Lanesboro is approximately 7 miles southwest of Peterson. Its housing prices are somewhat more expensive. The median home in Lanesboro costs $140,100, which works out to $33,800 (24%) higher than Peterson. The rent there is significantly less expensive. In Lanesboro the median monthly rent is $525, which comes out to $188 (35%) lower than Peterson.
Houston
Houston is approximately 11 miles east of Peterson. Its housing prices are pretty similar. The median home in Houston costs $103,600, which comes out to $2,700 (2%) lower than Peterson. Rents there are a little less expensive. In Houston the median monthly rent is $639, which comes out to $74 (11%) lower than Peterson.
Lewiston
Lewiston is about 12 miles north from Peterson. Housing prices there are substantially more expensive. The median home in Lewiston is valued at $163,300, which is $57,000 (34%) higher than Peterson. The rent there is pretty similar. The median monthly rent in Lewiston is $680, which is $33 (4%) lower than Peterson.